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The quantity is called the relative redundancy and gives the maximum possible data compression ratio, when expressed as the percentage by which a file size can be decreased. (When expressed as a ratio of original file size to compressed file size, the quantity R : r {\displaystyle R:r} gives the maximum compression ratio that can be achieved.)
You are not entitled to redundancy if you have simply reached retiring age (s.156). And nothing prevents the employer from making a dismissal for misconduct or capability, as outlined under the fairness provisions for dismissal (s.98). The amount of redundancy is based on a length of service calculation and age.
Compensation mainly consists of a "basic award" equivalent to statutory redundancy pay of, as at 2009, up to £10,500, plus a "compensatory award" for loss of earnings, statutory rights and benefits and for expenses, of up to £66,200, or unlimited where the dismissal was due to health and safety, whistleblowing or union work.
Voluntary redundancy is when an employer asks an employee to agree to terminate their contract, in return for a financial incentive.
The Redundancy Payments Act 1965 (c. 62) was an act of the Parliament of the United Kingdom that introduced into UK labour law the principle that after a qualifying period of work, people would have a right to a severance payment in the event of their jobs becoming economically unnecessary to the employer. The functions of the redundancy ...
A notice period or period of notice within a contract may by defined within the contract itself, or subject to a condition of reasonableness.In an employment contract, a notice period is a period between the receipt of the letter of dismissal and the end of the last working day.
The final digit of a Universal Product Code, International Article Number, Global Location Number or Global Trade Item Number is a check digit computed as follows: [3] [4]. Add the digits in the odd-numbered positions from the left (first, third, fifth, etc.—not including the check digit) together and multiply by three.
Part-time work offers greater flexibility than traditional, full-time employment, but it comes with its own challenges. Part-time workers typically earn less than full-time workers. This, and the ...